Evolving Payment Platform for Developing Countries

Authors

  • Rodrigue Carlos Nana Mbinkeu National Advanced School of Engineering, University of Yaounde I

DOI:

https://doi.org/10.3991/ijim.v7i2.2462

Keywords:

e-commerce, m-payment, transfer, money, m-wallet, mobile phone

Abstract


This article shows the impact of the growing adoption of mobile phones in the field of money transfer in Africa but also their uses in the field of retail payments or micropayments that is financial transaction from person to person (P2P) for small amounts. We show how these innovations will continue to improve the quality of life of Africans especially those in rural areas. We present M-Pesa as a mobile payment system which has had great success in Kenya. We identify the fundamental principles of success thus this enabled us to create an ECOPAY platform which is an innovative mobile payment system. Our platform provides different types of m-payment like as B2C, B2B or P2P using the mobile phone or others devices. Each transaction is secure by using encrypted message and encrypted connection between the devices and the ECOPAY servers.

Author Biography

Rodrigue Carlos Nana Mbinkeu, National Advanced School of Engineering, University of Yaounde I

Department of Computer Sciences, Lecturer

Downloads

Published

2013-03-20

How to Cite

Nana Mbinkeu, R. C. (2013). Evolving Payment Platform for Developing Countries. International Journal of Interactive Mobile Technologies (iJIM), 7(2), pp. 38–43. https://doi.org/10.3991/ijim.v7i2.2462

Issue

Vol. 7 No. 2 (2013)

Section

Papers

License

The submitting author warrants that the submission is original and that she/he is the author of the submission together with the named co-authors; to the extend the submission incorporates text passages, figures, data or other material from the work of others, the submitting author has obtained any necessary permission.
Articles in this journal are published under the Creative Commons Attribution Licence (CC-BY What does this mean?). This is to get more legal certainty about what readers can do with published articles, and thus a wider dissemination and archiving, which in turn makes publishing with this journal more valuable for you, the authors.
By submitting an article the author grants to this journal the non-exclusive right to publish it. The author retains the copyright and the publishing rights for his article without any restrictions.
This journal has been awarded the SPARC Europe Seal for Open Access Journals (What's this?)